Businessman Todd Ricketts, who sits on the board of directors for TD Ameritrade and the Chicago Cubs, is expected to take over the position of RNC finance chair job following the resignation of Steve Wynn, reports the WashPost.

Why it matters: Ricketts was nominated by President Trump to be Deputy Secretary of Commerce, but he withdrew his name from consideration due to difficulties untangling his financial holdings to the satisfaction of the Office of Government Ethics. His brother, Pete Ricketts, is the current governor of Nebraska and the vice chairman of the Republican Governors Association.